Oil & Gas

Bayelsa Govt. urges FG to correct oil industry mistakes at 5th National Council on Hydrocarbons

Published

on

The Bayelsa Government has cautioned the federal government and other critical stakeholders in the oil and gas industry against repeating the mistakes that are depriving host communities of their benefits.

The Deputy Governor, Lawrence Ewhrudjakpo, stated this while declaring open the technical session of the 5th National Council on Hydrocarbons at the Dappa Biriye Conference Centre in Yenagoa.

Ewhrudjakpo’s remarks were in a statement made available to the News Agency of Nigeria by Doubra Atasi, the Special Adviser on Media.

He described Oloibiri, as the cradle of oil wealth in Nigeria, he equally lamented that the pitfalls in oil exploration activities have underdeveloped oil producing areas in the country.

The deputy governor challenged the delegates to come up with a policy document that would help in correcting the mistakes of the past as well as maximise the gas value chain for the mutual benefit of all stakeholders.

He called on policy makers, particularly at the federal level, to ensure that while the country benefits from gas exploration and exports, the host communities should not be left to continually suffer the brunt of gas flaring and other related activities.

To this end, Ewhrudjakpo urged the federal government and oil companies to pay the desired attention to oil producing states and communities through effective planning and implementation of sustainable and standard hydrocarbon policies.

“Clearly, we have not gotten as much as we expected from the exploration of crude oil.

“So, the thinking now is that, we have to go into gas. But going into gas, how ready are we? Have we learnt the lessons associated with the over 60 years of oil exploration and exploitation?”

“As you come here today for this academic gymnastics, we expect that at the end of the day, the policy document you will churn out will not only help us optimise the gas value chain, but also ensure that all the mistakes that characterised our years of crude oil exploration do not come to bare,” he said.

In his address, the Permanent Secretary, Federal Ministry of Petroleum Resources, Mr Bitrus Nabasu, disclosed that the country currently has a gas reserve of over 200 trillion cubic feet, which the federal government has started harnessing through its gas commercialisation policy.

The Permanent Secretary was represented by the Director, Planning Research and Statistics in the Ministry, Mr Musa Talle Sa’eed.

The director stressed that the theme of the meeting: “The Gas Potentials of Nigeria: Optimising the Gas Value Chain,” would task participants to formulate ideas to promote better utilisation of the massive gas resources in the country.

(
Edited By: Emmanuel Okara)
(NAN)

Shedrack Frank

Shedrack Frank: NNN is a Nigerian online news portal that publishes breaking news in Nigeria, and across the world. Our journalists are honest, fair, accurate, thorough and courageous in gathering, reporting and interpreting news in the best interest of the public, because truth is the cornerstone of journalism and they strive diligently to ascertain the truth in every news report. Contact: editor @ nnn.ng. Disclaimer.

Coronavirus – Uganda: COVID-19 update (February 26, 2021) Coronavirus – Rwanda: COVID-19 update (February 26, 2021) Coronavirus – Eswatini: COVID-19 update (February 26, 2021) Coronavirus – Kenya: COVID-19 update (February 26, 2021) Coronavirus – Nigeria: COVID-19 update (February 26, 2021) Coronavirus – Zambia: COVID-19 update (February 26, 2021) Coronavirus – Zimbabwe: COVID-19 update (February 26, 2021) Visit of the message of unity, peace and solidarity in Mali Innovative Smart Bag Redefines Menstruation Management for Refugee Girls in Uganda UNMISS helps restore calm and stability after recent violence in Koch Football progress in schools tops Benin’s agenda WHO launches first Mass Loss Management (MCM) training in Addis Ababa Coronavirus – Ghana: COVID-19 patients on admission receive WHO dignity kits Coronavirus: Côte d’Ivoire becomes the second African country and the first French-speaking country to receive doses of vaccine via the COVAX Facility UNHCR requests $ 164 million for displaced Central Africans Coronavirus – Uganda: COVID-19 update (February 25, 2021) Coronavirus – Nigeria: COVID-19 update (February 25, 2021) Coronavirus – Malawi: COVID-19 update (February 25, 2021) Coronavirus – Eritrea: Ministry of Health announcement (February 25, 2021) Coronavirus – Ethiopia: COVID-19 update (February 25, 2021) Top PR Professionals, Business Leaders Headline First Edition of Experience Public Relations Coronavirus – South Africa: COVID-19 update (February 25, 2021) UN forum unveils wonders of artificial intelligence and other sciences, technologies and innovations for Africa Coronavirus – Eswatini: COVID-19 update (February 25, 2021) Coronavirus – Rwanda: COVID-19 update (February 25, 2021) Africa needs pragmatic free market policies to attract capital to gas markets (By NJ Ayuk) Clarke enjoys the Royal Bernard Drome Classic title defense Market volatility and global expansion push INFINOX to half a trillion Equatorial Guinea leads regional gas monetization through Alen Backfill project Coronavirus – Nigeria: Community informants use mobile data collection tools to strengthen COVID-19 surveillance Central African Republic ‘highly unstable’ despite significant progress – UN peacekeeping chief Coronavirus – Eritrea: Ministry of Health announcement (February 24, 2021) Coronavirus – Ethiopia: COVID-19 update (February 24, 2021) Coronavirus – Malawi: COVID-19 update (February 24, 2021) FIFA President’s African visits continue Coronavirus – South Africa: COVID-19 update (February 24, 2021) Coronavirus – Eswatini: COVID-19 update (February 24, 2021) Coronavirus – Nigeria: COVID-19 update (February 24, 2021) Coronavirus – Uganda: COVID-19 update (February 24, 2021) Building greater sustainability, climate resilience in West Africa Local content at the top of Mozambique’s development agenda (By Charné Hundermark) Coronavirus – Rwanda: COVID-19 update (February 24, 2021) West African countries step up Ebola preparedness Angola’s 65-year oil history has been good for Angola despite some challenges (by Andres Vega) African football at a crucial stage with the polls of the African Football Confederation (CAF) looming Reunion for Campenaerts at the Belgian “Opening Weekend” Manchester United announces partnership with StarTimes to bring MUTV to Africa Hennessy Becomes First Global Spirits Partner of the NBA Canon launches EOS M50 Mark II as social content creation continues to soar Progress in women’s football highlighted at meetings in Morocco